hub:raum Reveals Top Tips for Building a Successful Startup

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Apr 25, 2017, 09:00 ET

KRAKÓW, Poland, April 25, 2017 /PRNewswire/ -- According to the current information from the AngelList[1], today in the world, there are 2,927,871 startups. Only a minority survive beyond 3 years. Luckily, there are ways to increase the likelihood of making it long-term. hub:raum (the Deutsche Telekom start-up incubator) has recently launched the WARP Future Communication program for start-ups, offering unique opportunities in the area of communications.

There are four well-known pillars for building a successful tech start-up:

1: an innovative idea,
2: a broad range of knowledge,
3: technical and financial resources, and
4: execution.

It seems simple - but in reality, it's a true challenge to combine creativity with knowledge and experience in a wide range of areas. A successful company needs to consider management, going-to-market, sales, customer service, as well as having a well-functioning technical platform and support. Taking into account that 80% of successful start-ups have multiple founders[2], involving a large, well-established corporation with appropriate resources, plus a start-up accelerator with unique knowledge, can not only successfully bring the idea to life – but even more importantly – bring that idea to the market.

hub:raum and Deutsche Telekom are inviting start-ups from across Europe to a new program: WARP Future Communication. The program aims to develop innovative communication services by offering companies the opportunity to accelerate their business and go to market with strong corporate partners.

WARP Future Communication is designed for start-ups with innovative ideas in communications and related areas such as speech recognition, parental control, artificial intelligence (AI), voice-based messaging, digital life and generally enriched voice and video communication experience. The program provides a mixture of all the tools and resources start-ups need to develop, scale, and commercialize their services, including both technical and business support. WARP Future Communication offers the technical platform, network, and know-how for start-ups – and provides a unique opportunity to go to market.

Accelerate your business by applying online today: https://warpaccelerator.com/futurecommunication/apply/

About hub:raum

hub:raum, the incubator of Deutsche Telekom, offers various programs and formats that aim to create business opportunities between the startup eco-system and Deutsche Telekom. In addition hub:raum selectively invests in early-stage startups that have a strategic fit to Deutsche Telekom's business and innovation priorities.

[1] https://angel.co/companies

[2] http://www.go-globe.com/blog/startups/

Contact & more information:

Konrad Mróz
Corporate Communication Expert
phone: +48 22 413 30 67
https://warpaccelerator.com/futurecommunication/
https://www.hubraum.com/
[email protected]

SOURCE hub:raum